Tag: PRC

Washington, DC – Today the Postal Regulatory Commission issued Orders 4875 and 4876 approving the Postal Service’s planned rate adjustments for both Market Dominant products and Competitive products respectively. Rate increases for Market Dominant products must meet certain statutory and regulatory requirements, the most prominent of which is that such increases be no greater than…

Washington, DC – October 17, 2018. Earlier today, a statement was issued by the White House Press Secretary regarding President Trump’s receipt of a State Department report pursuant to an August 23rd Presidential Memorandum (https://www.whitehouse.gov/briefings-statements/statement-press-secretary-38/). In light of this, Postal Regulatory Commission Chairman Taub reiterates his previously issued statement of August 23rd. “The anticompetitive nature…

The Postal Service has announced price changes to take effect next year. The USPS governors approved the proposed changes, which will be reviewed by the Postal Regulatory Commission (PRC) before they take effect Jan. 27. The governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue. The…

Washington, DC – On August 23, 2018, President Donald J. Trump issued a Presidential Memorandum (https://www.whitehouse.gov/presidential-actions/presidential-memorandum-secretary-state-secretary-treasury-secretary-homeland-security-postmaster-general-chairman-postal-regulatory-commission/) detailing his direction to modernizing the monetary reimbursement model for the delivery of goods through the international postal system and enhancing the security and safety of international mail. The memorandum was addressed to the Secretaries of State, the Treasury,…

Executive Summary The Postal Regulatory Commission (PRC) retained Segal Consulting (Segal) to conduct an independent liability examination for Postal Service workers covered by the Retiree Health Benefit (RHB) Fund. PRC specifically requested that we evaluate: Whether the current assumptions were developed in accordance with generally accepted actuarial principles and methods set forth in the Actuarial…

Internal Service Performance Measurement (SPM) will replace External First-Class (EXFC), a system that relies heavily on support from an outside organization. EXFC will be retired Sept. 30, and Internal SPM will become the Postal Service’s official service reporting and recording system Oct. 1. The Postal Regulatory Commission (PRC) recently approved the change, which is part…

Michael Kubayanda of Ohio, to be a Commissioner of the Postal Regulatory Commission for the remainder of a six-year term expiring November 22, 2020. Mr. Kubayanda serves as a board member and privacy officer for a digital health startup. Michael previously worked with the Office of Inspector General (OIG) of the U.S. Postal Service, ending…

WASHINGTON – April 5, 2018 – The Postal Regulatory Commission (PRC) issued its Annual Compliance Determination (ACD), a mandated assessment of the U.S. Postal Service’s compliance with pricing and service performance requirements in fiscal year 2017 (FY 2017). While the Commission acknowledges some areas of improvement, it identifies several compliance issues related to workshare discounts,…